The misestimation of rating transition probabilities may lead banks to lend money incoherently with borrowers’ default trajectory, causing both a deterioration in asset quality and higher system distress.Applying a Mover-Stayer model to determine the migration risk of small and medium enterprises, we find that banks are over-estimating their
It is important to understand how ballistic materials respond to impact from projectiles such that informed decisions can be made in the design process of protective armour systems.Ballistic testing is a standards-based process where materials are tested to determine whether they meet protection, safety and performance criteria.For the V50 ballisti
Health emergencies, including pandemics, are not new occurrences; some notable ones occurred in the past.However, the scale of the COVID-19 pandemic is unprecedented.The COVID-19 pandemic exposed the unpreparedness of national health systems in effectively managing health emergencies.During the pandemic, controlling the spread of the virus and hope
Purpose: This study was performed to investigate the incidence of thrombophilic gene mutations in repeated assisted reproductive technology (ART) failures.Methods: The prevalence of mutated genes in the patients with a history of three or more previous ART failures was compared with the patients with a history of successful pregnancy following ARTs